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RAIT Financial Trust Message Board

  • bornbadin75 bornbadin75 Jan 29, 2009 7:46 AM Flag

    Question

    What are you that are short going to do when you have to pay a 0.30 - 0.50 divy on a stock that is 2.00?

    I will be laughing. You know its coming.

    The common divy has usually been announced after the preferreds. They only said no adjusments to common for LAST YEAR needed to be made. FYI... it is no longer 2008. common divy announcement is coming soon and based on preferred amounts...It will be the same or more than last quarters.

    I will find it extremely hilarious if you shorts have to pay a 25% divy on a stock.

    oh yeah...it is coming.

    Good Luck.

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